Ballymote must be provided with an ATM
A south Sligo councillor is calling for an ATM to be installed in the Credit Union building in Ballymote. The town now has no 24-hour ATM because of the closure of the Bank of Ireland and Ulster Bank branches in the town. The Credit Union is now in…
Harkin’s Bill proposes credit unions be allowed provide more services
A Sligo/Leitrim TD has introduced a Bill in the Dail proposing that credit unions be allowed provide more modern-day financial services. It coincides with World Credit Union Day, which is today. Speaking in the Dail, Independent Marian Harkin said any greater range of financial services would be for the mutual…
Local TD’s urge government to support not obstruct credit unions
A Donegal TD is accusing the government and Central banks of placing roadblocks in the way of Post Offices and Credit Unions that are looking to provide a financial service to many rural communities following the closure of several bank branches in the north west. The matter was raised…
Credit Union will be an alternative to departing banks
A former Sligo county councillor says people affected by the closure of bank branches in Ballymote and Tubbercurry should consider using their local credit union. Bank of Ireland says its services will be provided through nearby post offices but Keith Henry says the credit union helped fill the void…
Some credit unions forced to put caps on amount that can be held in deposits
A Sligo-based former director of the Irish League of Credit Unions says costs being imposed by banks is forcing some credit unions to put caps on the amounts that can be held in deposits. According to research by The Irish Times, at least 36 credit unions across the State have…
Call for Credit Unions service to incorporate mortgages and Council loans
A Sligo-based board member of the Irish League of Credit Unions says credit unions should be allowed get into the mortgage market, including giving loans to local authorities to provide housing. Seamus Kilgannon, who’s also a county councillor, was reacting to reports today that some credit unions are turning away…
Sligo Credit Union needs a new home
Sligo Credit Union needs a new building. Having been in business for more than 50 years, it now needs to either expand its existing Stephen Street offices or find a new site. Over the past year, the Credit Union has been looking at alternative accommodation. It hopes to be in…